The import of glucose syrup with less than 20% fructose to India is projected to decrease slightly from $1.5002 million in 2024 to $1.4164 million by 2028. This represents a steady year-on-year decline, with annual reductions averaging around 1.43% from 2025 to 2028. When considering the compound annual growth rate (CAGR) from 2024 to 2028, the import value reflects a negative growth trend. In 2023, the actual import figure stood at a different level, indicating a shift in import dynamics.
Future trends to watch for:
- Possible changes in dietary preferences impacting demand for glucose syrup.
- Fluctuations in global sugar and syrup markets affecting trade patterns.
- Policy adjustments in food import regulations could influence import volumes.
